Michael Saylor Sells $216 Million Worth of MicroStrategy (MSTR) Stock Options, Plans to Buy More Bitcoin

The price of Bitcoin has risen in recent months and is trading around $45,000 at press time (midnight UTC). Market participants are anticipating approval of a spot Bitcoin exchange-traded fund (ETF) from the U.S. Securities and Exchange Commission in the coming weeks, which would increase exposure to the asset for retail and institutional investors.